Regional Growth Holds Firm as Brazil and Mexico Face Different Pressures – Growth in Latin America and the Caribbean is expected to remain largely steady at 2.3 percent in 2026 before improving to 2.7 percent in 2027. This according to… Read More »Latest IMF LATAM Outlook: Regional Growth Holds Firm
Panama Ports Company, S.A. (PPC) has initiated arbitration proceedings against Maersk, alleging that the shipping company had taken control of its terminals near the Panama Canal and breached a long-term contract. The Port of Balboa 🏗️, formerly part of the… Read More »Panama Ports Company Starts Arbitration Against MAERSK
Panama’s Ministry of Commerce & Industry (MICI) authorized Canadian 🇨🇦 mining subsidiary Minera Panama to process, export, and market rock material already extracted from the Cobre Panamá Mine in Donoso. This was communicated through a resolution published on April 7, 2026, in… Read More »Panama Authorizes Processing of Copper Ore Stockpiles at Closed Mine
Chile, Brazil, and Uruguay remain firmly positioned as AI pioneers, according to the lates edition of the Latin American Artificial Intelligence Index 2025 (ILIA). The index, evaluating AI readiness, adoption, and governance across 19 countries, was published mid-March by the… Read More »LATAM AI Index (ILIA 2025): Chile, Brazil & Uruguay AI Pioneers, Panama Intermediate Performer
Panama may extend the temporary operating contracts for Balboa & Cristobal ports, which would mean continuity for APM Terminals Panama (Maersk) and Terminal Investment Limited (MSC). While the agreements, signed and endorsed on 23 February 2026, were structured with an… Read More »Possible Extension of Temporary Balboa & Cristobal Port Contracts
The 1.6 billion Río Indio project💧is advancing as planned, with the tender expected to be launched between late 2026 & early 2027 under a design-build model. Major construction by the winning contractor would start in early 2028. In an interview… Read More »Rio Indio Update: Conceptual Design Advances, Tender Planned for Q4 2026
3rd Mobile Operator 📶 Panama will relaunch the process of attracting a 3rd mobile operator to the country 🇵🇦. This was announced last week by Zelmar Rodriguez Crespo, Head of the National Authority of Public Services (ASEP). The prequalification phase… Read More »Panama to Launch Tender for 3rd Mobile Operator
Dutch ship repair & maintenance company AEGIR-Marine Latin America 🇳🇱 ⚓️ received the go-ahead for their Regional Headquarters in Panama (SEM) 🇵🇦. The Ministry of Trade & Industry (MICI) approved their SEM license end of last week. Bart van den… Read More »Two Dutch Maritime Multinationals Establish Regional HQs (SEM) in Panama
Earlier this month, the National Free Zones Commission (CNZF) approved the establishment of seven new companies & the expansion of operations by Multimodal Marine Inc. Together, the investments total $16.1 million and will create more than 400 jobs, according to… Read More »Seven New Companies in Free Trade Zones, Investments of $16.1 Million
Cosco Shipping has suspended its use of the Port of Balboa, halting all arrivals and departures at the terminal. The decision was communicated to clients in a notice issued on March 10. Cosco also clarified that it is not considering… Read More »Cosco Suspends Balboa Port Operations; Remains in Panama
The Royal Caribbean cruise line presented a proposal to the Panamanian government to develop a floating dry dock for the repair of cruise ships and other large vessels at Puerto Armuelles on the Pacific coast. The project envisions the installation… Read More »Royal Caribbean Eyes Major Ship Repair Investment in Panama
While global supply chains become more fragmented amid current geopolitical tensions, Central America & Panama are increasingly emerging as an attractive nearshoring opportunity for companies. This reveals by a recent study “Nearshoring as a Lever for Regional Competitiveness” from EY… Read More »EY Study Spotlights Central America as Nearshoring Opportunity for Companies